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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NYSEAMERICAN:IAF

Abrdn Australia Equity Fund (IAF) Stock Price, News & Analysis

$4.26
+0.02 (+0.47%)
(As of 03/28/2024 ET)
Today's Range
$4.24
$4.29
50-Day Range
N/A
52-Week Range
$3.60
$4.59
Volume
76,159 shs
Average Volume
91,298 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
15.02%
Price Target
N/A
IAF stock logo

About Abrdn Australia Equity Fund Stock (NYSEAMERICAN:IAF)

Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Abrdn Australia Equity Fund Inc was formed in September 30, 1985 and is domiciled in the United States.

IAF Stock Price History

IAF Stock News Headlines

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
abrdn Australia Equity Fund Inc.
ASX Stocks To Watch In 2023
abrdn Australia Equity Fund Inc
abrdn Australia Equity Fund, Inc
Abrdn Australia Equity Fund Inc (IAF)
Aberdeen Australia Equity Fund declares $0.15 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 1/10 Dividend
11/21/2023
Dividend Payable
1/10/2024
Ex-Dividend for 3/28 Dividend
2/21/2024
Dividend Payable
3/28/2024
Today
3/29/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:IAF
Fax
N/A
Employees
38,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Martin James Gilbert C.A. (Age 69)
    L.L.B., LLD, M.A., MA LLB LLD CA, CEO, VP, Interested Director, Chairman of Aberdeen Global Income Fund Inc
  • Ms. Natalie Tam
    Portfolio Manager
  • Mr. Augustine Mark Daniels Bsc Econ (Age 69)
    Portfolio Manager
  • Ms. Alison Briggs (Age 51)
    VP, VP - Aberdeen Global Income Fund Inc and VP - Aberdeen Asia-Pacific Income Fund
  • Ms. Michelle Lopez CFA
    Portfolio Manager

IAF Stock Analysis - Frequently Asked Questions

How have IAF shares performed in 2024?

Abrdn Australia Equity Fund's stock was trading at $4.0797 at the beginning of 2024. Since then, IAF shares have increased by 4.4% and is now trading at $4.26.
View the best growth stocks for 2024 here
.

Are investors shorting Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund saw a increase in short interest in March. As of March 15th, there was short interest totaling 17,300 shares, an increase of 27.2% from the February 29th total of 13,600 shares. Based on an average daily trading volume, of 89,100 shares, the short-interest ratio is currently 0.2 days.
View Abrdn Australia Equity Fund's Short Interest
.

How often does Abrdn Australia Equity Fund pay dividends? What is the dividend yield for Abrdn Australia Equity Fund?

Abrdn Australia Equity Fund declared a quarterly dividend on Friday, February 9th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.27%. The ex-dividend date of this dividend is Wednesday, February 21st. This is a positive change from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for IAF
.

Is Abrdn Australia Equity Fund a good dividend stock?

Abrdn Australia Equity Fund (NYSEAMERICAN:IAF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.12%.
Read our dividend analysis for IAF.

What other stocks do shareholders of Abrdn Australia Equity Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Australia Equity Fund investors own include AbbVie (ABBV), General Motors (GM), Main Street Capital (MAIN), Pfizer (PFE), AT&T (T), Walgreens Boots Alliance (WBA), Apple Hospitality REIT (APLE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

Who are Abrdn Australia Equity Fund's major shareholders?

Abrdn Australia Equity Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.00%) and DAVENPORT & Co LLC (0.00%). Insiders that own company stock include Radhika Ajmera and Stephen Bird.
View institutional ownership trends
.

How do I buy shares of Abrdn Australia Equity Fund?

Shares of IAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:IAF) was last updated on 3/29/2024 by MarketBeat.com Staff

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